Fitness and Recreational Sports Centers Commercial Loans

Looking for commercial loans for fitness and recreational sports centers? Try the SBA. This $89,800 fitness and recreational sports centers loan was issued by a Missouri bank.

This small business knew how to go about getting a business bank loan. Based in Lebanon, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of Crocker, based in Waynesville, Missouri.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL FITNESS FACILITIES
LEBANON, MO 65536

SBA Loan Lender

BANK OF CROCKER
200 ICHORD
WAYNESVILLE, MO 65583

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7991 - Physical Fitness Facilities

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

2/15/2000

Loan Approval Gross Amount

$89,800

Loan Approval from the SBA

Of the total $89,800 loan amount, the SBA guaranteed $71,840.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $89,800 loan. Remember, things become real when you believe you can achieve them!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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